NY Times: Movies Sell More Slowly at Sundance
Buyers proved fussy. Sellers were a bit frustrated. And despite some high-profile deals — including Sony Pictures Classics’ purchase of rights to “An Education,†a British coming-of-age drama set in the ’60s, for a reported $3 million — there was no blockbuster sale to match the $10 million that Focus Features spent last year on a single picture, “Hamlet 2.â€
But the action continued even as the 10-day festival drew to a close, promising that total sales would ultimately match or exceed the $15 million or so spent on rights to Sundance movies in 2008.
Sundance ends Sunday.
